The table lists wholesale prices of fish in dollars from two companies—one on the East Coast and one on the West Coast—for various fish types. The task is to find a 90% confidence interval for the mean difference in wholesale prices between these suppliers. You should round answers to three decimal places and use four decimal places for any interim calculations.### Wholesale Prices of Fish in Dollars| Fish | East Coast | West Coast ||----------------|------------|------------|| Cod | 18.49 | 19.49 || Tilapia | 6.00 | 6.00 || Farmed Salmon | 18.99 | 23.99 || Organic Salmon | 24.45 | 31.45 || Grouper Fillet | 30.49 | 28.49 || Tuna | 29.15 | 36.15 || Swordfish | 21.55 | 22.55 || Sea Bass | 29.50 | 36.50 || Striped Bass | 30.49 | 33.49 |With a 90% confidence level, the task is to determine the true mean difference in wholesale prices between East Coast and West Coast suppliers, which lies between a specific dollar range.### Explanation- **Cod**: East Coast: $18.49, West Coast: $19.49- **Tilapia**: East Coast: $6.00, West Coast: $6.00- **Farmed Salmon**: East Coast: $18.99, West Coast: $23.99- **Organic Salmon**: East Coast: $24.45, West Coast: $31.45- **Grouper Fillet**: East Coast: $30.49, West Coast: $28.49- **Tuna**: East Coast: $29.15, West Coast: $36.15- **Swordfish**: East Coast: $21.55, West Coast: $22.55- **Sea Bass**: East Coast: $29.50, West Coast: $36.50- **Striped Bass**: East Coast: $30.49, West Coast: $33.49The blank spaces indicate where students would calculate the confidence interval values

The data shows the wholesale price of the east coast and west coast suppliers.

Answered: The table contains prices from two…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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